# Potash Price Surge Puts Onus On Govt To Expedite The Mineral’s Auctions | Jaipur News - The Times of India

> India imports nearly all of its potash, and domestic prices rose from $200–220 per tonne before the war to $550–580 after it. Rajasthan holds most of the country's identified potash resources, which are not yet proven reserves. The state is preparing to auction potash blocks after a consultant's pre-feasibility study.

- Date: 2022-12-05 · published 2022-12-05T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/38567-potash-price-surge-puts-onus-on-govt-to-expedite-the-mineral-s-auctions-jaipur
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Domestic potash auctions would add to future supply in India, but production is years away and will not change near-term import dependence. The effect on global prices is minimal.

## Sources

- timesofindia.indiatimes.com: https://timesofindia.indiatimes.com/city/jaipur/potash-price-surge-puts-onus-on-govt-to-expedite-the-minerals-auctions/articleshow/95990113.cms

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.